Option to Acquire Stock Sample Clauses

Option to Acquire Stock. To the extent that the Corporation has a stock option or other similar incentive plan in place, Employee shall only be eligible to participate in such plan to the extent that Employee’s total ownership in the Corporation is less than ten percent (10%) of all issued and outstanding stock.
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Option to Acquire Stock. (a) Subject to and upon the terms and conditions set forth in this Section 2, Cubist shall have the option (but not the obligation) to acquire all of the Novalon Outstanding Stock (the "Acquisition Option"). The Acquisition Option may only be exercised by Cubist during the period commencing on the date hereof and ending on ************* (the "Acquisition Option Period"). Cubist shall exercise the Acquisition Option by giving written notice of exercise to the Corporation (the "Exercise Notice"), which Exercise Notice shall specify the proposed structure of the transaction pursuant to which Cubist shall acquire all of the Novalon Outstanding Stock and the proposed date by which such transaction will be consummated. The Corporation shall send to each Novalon Stockholder a copy of the Exercise Notice promptly after receipt thereof by the Corporation.
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Option to Acquire Stock. If MIOA or PHC terminates this Agreement pursuant to Section 7.4, the non-terminating party shall have the option to acquire 19.9% of the terminating party in accordance with the terms set forth in the Stock Option Agreements set forth in EXHIBIT 7.5(B).
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Option to Acquire Stock. Article 7 of the Agreement is amended as follows:
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Option to Acquire Stock. Borrowers shall provide Lender with the option to acquire three hundred thousand (300,000) shares of stock of CyberAds, at a strike price of fifty cents ($.50) per share, for a term of up to five years from the Effective Date. These options shall be issued and recorded by CyberAds as indicated by Lender in writing from time to time.
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Option to Acquire Stock. The Company hereby confirms that Allee shall have the right to purchase shares of Common Stock in the Company as follows:
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Related to Option to Acquire Stock

  • Shares The term “

  • Common Shares 4 Company...................................................................................... 4

  • Common Stock 1 Company........................................................................1

  • No Rights as Shareholder Until Exercise This Warrant does not entitle the Holder to any voting rights or other rights as a shareholder of the Company prior to the exercise hereof. Upon the surrender of this Warrant and the payment of the aggregate Exercise Price (or by means of a cashless exercise), the Warrant Shares so purchased shall be and be deemed to be issued to such Holder as the record owner of such shares as of the close of business on the later of the date of such surrender or payment.

  • Adjustment in Option Shares Should any change be made to the Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

  • Distributions Other Than Cash, Shares or Rights to Purchase Shares (a) Whenever the Company intends to distribute to the holders of Deposited Securities property other than cash, Shares or rights to purchase additional Shares, the Company shall give timely notice thereof to the Depositary and shall indicate whether or not it wishes such distribution to be made to Holders of ADSs. Upon receipt of a notice indicating that the Company wishes such distribution be made to Holders of ADSs, the Depositary shall consult with the Company, and the Company shall assist the Depositary, to determine whether such distribution to Holders is lawful and reasonably practicable. The Depositary shall not make such distribution unless (i) the Company shall have requested the Depositary to make such distribution to Holders, (ii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7, and (iii) the Depositary shall have determined that such distribution is reasonably practicable.

  • GRANT OF THE RIGHT TO PURCHASE COMMON STOCK (a) For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, up to the number of fully paid and non-assessable shares of Common Stock (as defined below) as determined pursuant to Section 1(b) below, at a purchase price per share equal to the Exercise Price (as defined below). The number and Exercise Price of such shares are subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

  • No Rights as Stockholder Until Exercise This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3.

  • GRANT OF THE RIGHT TO PURCHASE PREFERRED STOCK The Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase from the Company, 9,694 fully paid and non-assessable shares of the Company’s Series B Preferred Stock (“Preferred Stock”) at a purchase price of $4.90 per share (the “Exercise Price”). The number and purchase price of such shares are subject to adjustment as provided in Section 8 hereof.

  • The Shares The Shares to be issued and sold by the Company hereunder have been duly authorized by the Company and, when issued and delivered and paid for as provided herein, will be duly and validly issued, will be fully paid and nonassessable and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus; and the issuance of the Shares is not subject to any preemptive or similar rights.

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